Japan expects to import 300,000t/yr of hydrogen in 2030
Japan to invest up to $109mn in Hy24 hydrogen fund
State-owned JBIC will provide the cash as Japan looks to develop a hydrogen import and supply chain
State-owned Japan Bank for International Cooperation (JBIC) has agreed to invest up to €100mn ($109mn) in the clean hydrogen sector via the Clean H2 Infra Fund. The dedicated clean hydrogen fund, which aims to raise a total of €1.5bn, is managed by Hy24—a joint venture between investment management firm FiveT Hydrogen and French private investment house Ardian. “Hy24's investment strategy is to deploy capital into clean hydrogen-based projects, particularly in the most advanced regions in the world. Japan is fully committed to establish a hydrogen society. Being able to work with JBIC will be a major asset for the team,” says Pierre-Etienne Franc, Hy24’s CEO. 300,000t/yr – Japan’s targeted
Also in this section
25 March 2026
The Middle East energy shock has highlighted the value of France’s unique potential to deploy nuclear-powered electrolysers
18 March 2026
The second fossil-fuel price shock in four years can be a much-needed catalyst for investment in the sector
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
